Foreign Minister Ishaq Dar has claimed that the International Monetary Fund (IMF) wanted Pakistan to default during the tenure of last year’s sixteen-month government led by the Pakistan Democratic Movement (PDM).
In a Defence Day ceremony, Dar said, “The IMF was not reviewing Pakistan’s loan request, despite fulfilling the technical review demands.”
He mentioned that the IMF had delayed the loan for eight months when Pakistan was in economic turmoil despite having three billion commitments from friendly countries.
“Pakistan could lead the fifty-seven Islamic countries by achieving economic power, and whenever the country was quite close to achieving that goal, the government’s legs were pulled from underneath it,” Dar claims.
He urged politicians to be rational about Pakistan’s economic potential, pointing out the country’s nuclear power status.
The Deputy Prime Minister stood by his unusual statement at Geo News last year, asserting, “Pakistan can avoid default without the IMF.”
